- For Sale $525,000
- Property Type Retail - Freestanding
- Property Size 8,125 SF
- Lot Size 0.69 Acre
- Property Tenancy Single Tenant
- Year Built 2003
- Year Renovated 2019
- Date Updated Mar 19, 2024
Located approximately 1 hour southwest of Little Rock, Arkansas (72 mi) in the middle of the quaint town of Bismarck.Bismarck, Arkansas, is home to the DeGray Lake Resort State Park located on an island off the shorelines of the serene 13,800-acre DeGray Lake, the only state park resort located in Arkansas. The site is located just off Arkansas Highways 7 and 84 on Millennium Park Dr. The lease structure is double-net with limited owner responsibilities. The current lease term ends April 30, 2027, with two (2) five (5) year option extensions.
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Attachments
Highlights
- Dollar General (NYSE: DG) single tenant NN lease
- Recent updates in 2019 includes two new HVAC systems
- Current NOI: $50,400 (2023)
- Current Rent: $4,200 / month
- Current lease term ends April 30, 2027 with two (2) five (5) year options/ extensions
- 5- Year Extension 1: $4,600/ month / 5- Year Extension 2: $5,040/ month
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Contacts
Location
Getting Around
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Walk Score ®
30/100
Car-Dependent
-
Bike Score ®
25/100
Somewhat Bikeable
Powered by Walk Score ®
- City Bismarck, AR
- Neighborhood Bismarck
- Zip Code 71929
Points of Interest
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Valero
0.09 miles
Frequently Asked Questions
What is the lease rate for 103 Millennium Park Dr?
Rental asking rate at 103 Millennium Park Dr is $262,500.00/YR.
What is the total square footage of 103 Millennium Park Dr?
103 Millennium Park Dr totals 8,125 square feet.
When was this property built?
103 Millennium Park Dr was built in 2003.
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